Trend Table for DIVL - Madison Dividend Value ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	B	Weak or Absent	N/A	Up	Up	10.45%
May 16	B	Weak or Absent	N/A	Up	Up	10.67%
May 15	C	Weak or Absent	N/A	Up	Up	10.68%
May 14	C	Weak or Absent	N/A	Up	Up	11.35%
May 13	C	Weak or Absent	N/A	Up	Up	11.73%
May 10	C	Weak or Absent	N/A	Up	Up	11.61%
May 9	C	Weak or Absent	N/A	Up	Up	11.87%
May 8	D	Weak or Absent	N/A	Flat	Up	12.97%
May 7	D	Weak or Absent	N/A	Flat	Up	13.18%
May 6	D	Weak or Absent	N/A	Down	Flat	13.78%